LOCALUX.BE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LOCALUX.BE
Largest movements
- Tangible fixed assets -€153,476
down €153,476 (-12.4%), from €1.2m to €1.1m
- Receivables within one year -€22,632
down €22,632 (-40.7%), from €55,629 to €32,997
of which Trade receivables: -€14,342
- Cash -€13,552
down €13,552 (-53.8%), from €25,176 to €11,623
mainly Investment in fixed assets (net) (-€165,387) and Debts after one year (-€78,231)
- Debts after one year -€78,231
down €78,231 (-18.1%), from €433,281 to €355,050
- Reserves -€42,650
down €42,650 (-67.9%), from €62,822 to €20,172
of which Distributable reserves: -€42,650
- Other debts -€34,154
down €34,154 (-17.9%), from €190,543 to €156,389
- Tax, wage and social debts -€28,514
down €28,514 (-93.9%), from €30,361 to €1,847
of which Taxes: -€19,163
- Profit (loss) carried forward -€26,192
down €26,192 (-8.6%), from €304,862 to €278,671
- Gross operating margin -€82,218
down €82,218 (-18.1%), from €455,049 to €372,831
- Staff costs -€36,109
down €36,109 (-72.1%), from €50,081 to €13,972
- Depreciation +€32,101
up €32,101 (+11.1%), from €289,534 to €321,635
- Taxes -€21,953
down €21,953 (-100.0%), from €21,953 to €0
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,334,803 | €1,144,693 | -€190,110 | -14.2% |
| Fixed assets | 21/28 | €1,242,749 | €1,086,501 | -€156,248 | -12.6% |
| Intangible fixed assets | 21 | €5,520 | €2,748 | -€2,772 | -50.2% |
| Tangible fixed assets | 22/27 | €1,236,431 | €1,082,955 | -€153,476 | -12.4% |
| Land and buildings | 22 | €432,840 | €406,044 | -€26,796 | -6.2% |
| Plant, machinery and equipment | 23 | €596,058 | €547,734 | -€48,324 | -8.1% |
| Furniture and vehicles | 24 | €68,799 | €54,852 | -€13,947 | -20.3% |
| Leasing and similar rights | 25 | €138,735 | €74,326 | -€64,409 | -46.4% |
| Financial fixed assets | 28 | €797 | €797 | = | 0.0% |
| Current assets | 29/58 | €92,054 | €58,192 | -€33,862 | -36.8% |
| Amounts receivable within one year | 40/41 | €55,629 | €32,997 | -€22,632 | -40.7% |
| Trade receivables | 40 | €47,180 | €32,838 | -€14,342 | -30.4% |
| Other amounts receivable | 41 | €8,449 | €159 | -€8,290 | -98.1% |
| Cash at bank and in hand | 54/58 | €25,176 | €11,623 | -€13,552 | -53.8% |
| Deferred charges and accrued income | 490/1 | €11,250 | €13,571 | +€2,322 | +20.6% |
| Total equity and liabilities | 10/49 | €1,334,803 | €1,144,693 | -€190,110 | -14.2% |
| Equity | 10/15 | €429,684 | €360,843 | -€68,842 | -16.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €62,822 | €20,172 | -€42,650 | -67.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,673 | €4,673 | = | 0.0% |
| Distributable reserves | 133 | €51,949 | €9,299 | -€42,650 | -82.1% |
| Profit (loss) carried forward | 14 | €304,862 | €278,671 | -€26,192 | -8.6% |
| Amounts payable | 17/49 | €905,119 | €783,850 | -€121,268 | -13.4% |
| Amounts payable after more than one year | 17 | €433,281 | €355,050 | -€78,231 | -18.1% |
| Financial debts | 170/4 | €433,281 | €355,050 | -€78,231 | -18.1% |
| Amounts payable within one year | 42/48 | €466,143 | €426,733 | -€39,411 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €204,177 | €213,231 | +€9,054 | +4.4% |
| Trade debts | 44 | €41,063 | €55,265 | +€14,202 | +34.6% |
| Suppliers | 440/4 | €41,063 | €55,265 | +€14,202 | +34.6% |
| Taxes, remuneration and social security | 45 | €30,361 | €1,847 | -€28,514 | -93.9% |
| Taxes | 450/3 | €20,942 | €1,780 | -€19,163 | -91.5% |
| Remuneration and social security | 454/9 | €9,418 | €67 | -€9,351 | -99.3% |
| Other amounts payable | 47/48 | €190,543 | €156,389 | -€34,154 | -17.9% |
| Accrued charges and deferred income | 492/3 | €5,694 | €2,068 | -€3,626 | -63.7% |
| Remuneration, social security and pensions | 62 | €50,081 | €13,972 | -€36,109 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289,534 | €321,635 | +€32,101 | +11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €280 | €0 | -€280 | -100.0% |
| Other operating charges | 640/8 | €21,889 | €21,444 | -€445 | -2.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €455,049 | €372,831 | -€82,218 | -18.1% |
| Operating profit (loss) | 9901 | €93,265 | €15,781 | -€77,484 | -83.1% |
| Financial income | 75/76B | €287 | €15 | -€272 | -94.8% |
| Recurring financial income | 75 | €287 | €15 | -€272 | -94.8% |
| Financial charges | 65/66B | €15,945 | €18,987 | +€3,042 | +19.1% |
| Recurring financial charges | 65 | €15,945 | €18,987 | +€3,042 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €77,607 | -€3,192 | -€80,798 | |
| Income taxes | 67/77 | €21,953 | €0 | -€21,953 | -100.0% |
| Profit (loss) for the period | 9904 | €55,654 | -€3,192 | -€58,845 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,654 | -€3,192 | -€58,845 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.